Borregaard ASA: New supply contract for electric power with Statkraft Energi

Borregaard and Statkraft Energi have entered into a new long-term contract for renewable electric power for a total of 1,75 TWh to be supplied to the Sarpsborg site in the period 2020 to 2029, with annual deliveries of 175 GWh. This represents approximately 25% of the site’s annual consumption of electric power.

Sarpsborg, 20 May 2019

Jørn Syvertsen, Director Investor Relations, +47 958 36 335

This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act.